The biggest takeaway from the Consumer Sentiment report was employment.

Consumer confidence falls fourth consecutive month

  • The Conference Board’s consumer confidence index dipped to 125.5 this month.
  • Economists polled by Dow Jones expected the index to rise to 126.6.
  • Tuesday’s data release is the latest pointing to weaker economic growth toward the end of the year.
  • To be sure, expectations for the holiday shopping season are strong.